Realtor.com: After rising for an alarming five weeks straight, mortgage rates have at long last cooled a bit. For the week ending Aug. 31, rates for 30-year fixed-rate loans averaged 7.18%, according to Freddie Mac. […]
ZeroHedge.com: This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result of […]
The Street.com: Many Americans could deplete their savings this fall, a study says. U.S. households are blowing through their pandemic-era savings, with many consumers’ accounts going bust in the third quarter of 2023, the Federal Reserve […]
FoxBusiness.com: Existing home sales slump in July as supply shortage, high mortgage rates limit buyers’ options. U.S. existing home sales continued to slide in July as a combination of steep mortgage rates and a worsening supply shortage […]
DNYUZ.com: A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed payments to investors. And […]
FoxBusiness.com: Americans are pouring out of cities with high property taxes and relocating to places like Tennessee in search of lower rates as they try to reduce hidden costs of homeownership. That’s according to a new analysis […]
CNBC.com: Rising mortgage rates are hitting potential homebuyers hard, and that is taking steam out of the homebuilding market. Builder sentiment in the market for newly built homes dropped 6 points to 50 in August, […]
FoxBusiness.com: For homebuyers and sellers alike across America, there’s a massive “struggle” being felt to close deals or make any money. “The challenges to real estate buyers and sellers right now are probably the greatest ever,” real […]
Realtor.com: Foreclosures in America are on the rise for the second year in a row. This puts a firm bookend on an 11-year decline in the forced repossession or sale of a home when a […]
CNBC.com: Home prices in May rose for the fourth straight month on the S&P CoreLogic Case-Shiller home price index, but regional differences are widening. The gains come despite a sharp jump in mortgage interest rates during […]
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